Notice u/s 272b(2)

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Natasha Mourya (Querist)

23 July 2014 Dear All,
My Clients got a notice which is as follows for A.Y 2011-2012....

" Have Quoted the False/Incorrect ASAPR6063L in your return of Income for A.Y 11-12 filed on 30/03/2013.
You are hereby requested to appear before me at 02:15 P.M on 08/10/2013 & show cause why an order imposing a penalty on you should not be made under section 272B(2) of the income tax Act 1961. If you don't wish to avail youself of the opportunity of being heard in person or through authorized representative you may show cause in writing on or before the said date which will be considered beofre any such order is made under Section 272B(2)...
Plzzz some1 helps me to let me understand....what it means...

Nikhil Kaushik

Nikhil Kaushik (Expert)

23 July 2014 it means that you have given a wrong PAN in your tax return.

the maximum penalty is Rs 10000/-. you need to appear before AO and provide reasons for this mistake

Natasha Mourya

Natasha Mourya (Querist)

24 July 2014 Sir, this mistake was committed by the lawyer for ITR filling bcoz he asked PAN No. on phone while filling return he mush hve committed mistake....Knowingly Such reason isn't matter...What steps can be taken for making correction for the aforesaid A.Y 2011-2012. Kindly help me out

Nikhil Kaushik

Nikhil Kaushik (Expert)

24 July 2014 you cannot make any correction. just request the AO for condonation.

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